ok in baby ga-ga goo-goo kindergarten terms: you open a trade that has stop loss 100 pips. the trade goes negative 95 pips turns then closes for profit of 100 pips. What is your DD? easy 95 pips. What will the statement show as DD after the trade is ...

Help for Newbies (Discussion Thread)

You don't think there are any professional traders with market makers? ECN is not all it's cracked up to be IMHO. Just look to the recent fine of $2 million issued to FXCM by NFA with CFTC likely on the way. And yet fxcm is listed twice FXCM active ...

FXDD disaster

I already gave you an easy method for you to think for yourself but you are too lazy for that. Good luck to you.

Help for Newbies (Discussion Thread)

Well you got to remember you always have floating losses. You have them as soon as you open the trade. It gets somewhat complex when you talk about floating losses vs closed losses. All I am saying is that you shouldn't make any lot size decisions ...

Help for Newbies (Discussion Thread)

It's very easy common sense. The market moves... a static number does not. Open up a dummy demo and open some trades wait take pictures, wait take pictures, wait take pictures and then compare them to the statement. Hopefully you're not too lazy for ...

Help for Newbies (Discussion Thread)

Becareful what you read from a demo statement or even a real live statement. Relative Drawdown and Absolute Drawdown are often wrong with in account statements. The reason for this is that they measure a static figure for a fluctuating market at any ...

Help for Newbies (Discussion Thread)

$2 Mil NFA FINE — FXCM home of the largest ever NFA fine of $2 Million. LINK PS: don't forget trading the EURO is Easy and even easier for FXCM thanks to suckers like you.

FXCM Discussion

I'm not nor was I wrong because I wasn't stating a fact I was joking which I already mentioned. Why would you take what I was saying as literal? The question of the OP was already answered. As I said many times I come here because I am bored I was ...

What are these investments called?

Ok here's a fact you may have over looked. This is FOREX Factory. Not CDO Factory, Not CDS Factory, etc. I don't care what you are offering because you are too full of yourself to matter. Anyone who looks for a fight in forum board is a what? Shew ...

What are these investments called?

bubblicious — real estate crisis? what real estate crisis? (this is right out my back door.)

US Recovery and a "Few Good Men"

Facts? I was merely stating my opinion. No where in my response does it say I was stating a fact. You have your opinion I have mine. A WMD is a weapon of mass destruction. I never said "financial WMD" I was merely joking.

What are these investments called?

that's true to a degree but I was mostly referring to hedge funds in my comment. Because before 2008 most people thought you couldn't lose if you were "hedged".

What are these investments called?

It shouldn't be because if you constantly put yourself under the gun like that you will fail. It should be a game of profitability no matter how big or small all that matters is that you are profitable. Profitable is the difference from you and ...

Will I be richer than Bill Gates?

In 2008 a few firms found out they are also called "WMD's"

What are these investments called?

The main reason a nubie should start with one pair is that it gives you time to learn nuances of just one pair. It also allows you time to study basics like MM and risk management among other things you need to learn. If you jump in and trade ...

Ideal number of pairs 4 beginner

first 95% is probably an illicit number but it might be final desitination because we don't know if the 30% that win at the game are the same ones month in and month out. (30% is a rough average of reported profitable FX accounts by USA brokers.) As ...

IBFX Australia partners w/ Got Money FX

50% is margin level and is a typical level used by many brokers but some can be different. Each time you open a trade it "costs" you credit in the form of margin this is charged against your equity in your account when you run out of this credit or ...

Margin call at 50%

yeah I really have no problem with IBFX, just the club they belong to in dictating to me how I must trade.

FXDD disaster

The argument was that an increase in money supply causes inflation. I was merely making the point that since 1998 we have seen a good deal of inflation. From that time period to now... the money supply has increased greatly as well.

US Debt Ceiling Crisis Thread

well we have plenty of proof of inflation... the cost of a gallon of gas in 1998 was 99 cents a gallon... The rise in the cost of gas alone increased the cost of goods at least a good 30% and in some cases more than that. While you can't necessarily ...

US Debt Ceiling Crisis Thread